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SAP FICO Online Training Course Contents

Overview of SAP FICO

• What is Finance and Controlling
• Sub modules in Finance and Controlling
• Introduction to General Ledger Accounting
• Introduction to Accounts Receivables
• Introduction to Accounts Payables
• Introduction to Assets Accounting
• Introduction to Controlling
• Concepts of Integration with MM and SD and CO

Financial Accounting

Global Parameters-Basic Configuration Steps

• Company and Company Code
• Business Area and Credit Control Area
• Field Year Varian-Types of Fiscal Years
• Chat of Accounts-Types of COA
• Account Groups
• Posting Period Variant
• Document Types
• Field Status Variants & Groups
• Multiple Currencies
• Introduction to Multiple Ledgers
• Other Aspects of Global Parameters G/L & new
• Tolerances for employee groups

General Ledger Concepts

• Retained Earnings and importance of Retained Earnings
• Tolerance Groups for Employees
• Exchange Rate Maintenance
• Foreign Currency Valuation and Translation
• Financial Statement Version
• Transfer Balances and Carry Forward( Balance Sheet & P&L ltems)
• Posting keys
• Documents in G/L – Park & Posy, Hold, Recurring, Account Model etc…
• G/L Reports
• Month end closing and year end closing

End user Activities with respect to GL Accounting

• Posting of GL documents
• Multiple Line item Posting
• Document parking and Holding
• Blocking and Unblocking of GL Accounts
• Reference Documents
• Fast Data Entry
• Reversal of Documents, Single and Multiple Reversals
• Posting in Foreign Currency transactions
• Generating GL related reports

New GL Concept

• Importance and advantages of using of New GL in FI
• Activating Document Splitting
• Parallel Ledges
• Posting in parallel legers
• Define Currency for Additional Ledgers

Accounts Receivables

• Customer Account Groups
• Document Types for Customers
• Number Range assignment for Customer Account groups
• Customer Master Data
• Reconciliation Account for customer and Vendor Master Data
• Posting of Customer Invoices
• Treatment of Customer Down payments
• Treatment of Bills of Exchange
• Dunning
• Treatment of Customer Discounts
• Customer Credit Notes
• Generating Customer Party statement of Account
• Interest Calculations on Customer
• Integration between SD and FI modules
• Management information Reports

Accounts Payables

• Vendor Account Groups
• Document Types for Vendors Documents
• Number Range assignment for Account groups
• Vendor Master Data
• Reconciliation Accounts for Vendor Account groups
• Posting of Vendor Invoices
• Down Payments to Vendors
• Bank Guarantees with special GL indicators
• Tax Calculation Procedure
• Detailed Configuration of Extended withholding Tax
• Automatic determination of G/L accounts for Taxes,
• Automatic Payment program (APP) and House Banks
• Cheque Register, Cheque Maintenance,
• Management Information Reports for Vendor
• Integration between FI and MM modules.

Bank Accounting

• Configuration of House Banks
• Electronic and Manual Bank statement
• BRS entries.

Asset Accounting

• Chart of Depreciation
• Define 0% tax Codes for Asset Accounting
• Asset Classes and Account determination of Asset Classes
• Depreciation Areas
• Screen Layout Rules and Number Range Assignments
• Group Assets
• Asset Master data (Main and Sub Assets), low value assets
• Assets Acquisition (direct and AuC)
• Asset retirement (Scrapping, with Revenue with Customer and without Customer)
• Inter and Intra Asset Transfers
• Asset Reports/ with Different variants and Asset explorer
• Strategy on data Migration related to Assets ( Legacy Assets- Upload Process)

Integration

• FI – MM Integration (Configuration from MM to attain PO, GR and IR
• Account Assignment Categories PO and business process to be used with different Account Assignment Categories.
• Valuation Area, Valuation class and its importance in Material Master.
• Accounting Aspects from Material Master
• Material Movement Types
• OBYC and G/L account assignments from MM process
• FI-SD Automatic Accounts determination
• Revenue Reorganization Process in FI and SD Integration

Controlling

• Basic settings in Controlling Area
• Define Controlling Area
• Number Ranges in Controlling Area
• Concept of Versions in Controlling Area
• Assignment of Controlling area to Company Codes
• Importance of Different Fields in controlling Area
• Controlling & Cost Element Accounting
• Activity Type
• Activity type categories
• Planning and Budgeting of cost Elements
• Cost Elements Categories
• Cost Elements groups
• Cost Elements groups

Cost Center Accounting

• Cost Center Hierarchy
• Cost Center Groups
• Cost Center Categories
• Posting entries in Cost Centers
• Manual Reposting of Costs
• Distribution and Assessment
• Cost Center Planning
• Information system Cost Center Reports

Internal Orders

• Order Management in Controlling Area
• Define and Assign Number ranges to Order Groups
• Internal order Planning, budgeting.
• AuC (Assets) Process with Internal Order (Real)
• Information System (Reports) for Internal Orders

Profit Center Accounting

• Maintain Profit Center and Activation of Company Codes in Profit Center
• Control Parameters for Actual data
• Plan Versions
• Profit Center Groups
• Distribution & Assessment
• Repots in Profit Center Accounting.